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The stars are shining for the Maersk family under the stewardship of chief executive Søren Skou.

“Maersk Line has pushed back execution risk to 2019 and beyond, following the purchase of Hamburg Süd, at least if you trust its own projections,” I wrote earlier this year.

Execution risk has now officially vanished, I reckon, following the announcement on 21 August that it had agreed to sell its oil and gas assets (Maersk Oil) to France’s Total for $7.45bn, including debt of the ...

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